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e-CFR data is current as of February 25, 2021 |
Title 25 → Chapter I → Subchapter H → Part 166 → Subpart E → §166.401 |
Title 25: Indians
PART 166—GRAZING PERMITS
Subpart E—Grazing Rental Rates, Payments, and Late Payment Collections
§166.401 How does the BIA establish grazing rental rates?
An appraisal can be used to determine the rental value of real property. The development and reporting of the valuation will be completed in accordance with the Uniform Standards of Professional Appraisal Practices (USPAP). If an appraisal is not desired, competitive bids, negotiations, advertisements, or any other method can be used in conjunction with a market study, rent survey, or feasibility analysis developed in accordance with the USPAP.